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SKLBTC

#SKL/USDT#SKL The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern We have a bounce from a major support area in green at 0.03500 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount Entry price is 0.04100 The first target is 0.04600 The second target is 0.05450 The third goal is 0.06670
Long
by CryptoAnalystSignal
SKL - Daily more fallSKLUSD has recently experienced a pullback below its crucial support zone, as highlighted in the chart. This movement indicates a potential shift in market sentiment. Typically, a pullback under a support zone, especially when sustained, can signify weakness and increased selling pressure, hinting at the possibility of further declines. This breach suggests that buyers are losing control, and if SKLUSD does not reclaim the support zone swiftly, it may continue to trend lower, targeting new support levels.
Short
by Sober_Trading
SKL is bearish (1D)SKL's bullish Diametric seems to be over. Now we are at the end of the G wave of this diametric, which is the last wave of this diametric. We expect SKL bearish waves to start soon. We have two important targets on the chart. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
1
SKL/USDT Bullish Leap from Support Zone? 🚀SKL analysis💎 Paradisers, get ready for a lucrative trading chance with #SKLUSDT, firmly placed in a vital support zone and hinting at a possible bullish shift. 💎 As we explore #SKL's path, it's climbing from a key support level at $0.09818. Maintaining this momentum could highly increase the chances of a bullish journey, especially as we've observed resistance transforming into support, bolstering its upward potential. 💎 If the drive behind LSE:SKL starts to wane, anticipate a bullish resurgence from the steadfast support at $0.08170. Yet, a descent below this critical point may trigger a significant drop.
Long
by MyCryptoParadise
SKL LOOKS BEARISH (4H)From the wave counter, it seems that SKL is completing a bearish triangle. We have an untested resistance range, which is a good place to open sell/short positions. We specified the targets on the chart. Closing two 4-hour candles above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
2
SKL/USDT plan bullish ride? 👀 🚀 SKL Today analysis💎 Paradisers, keep your eyes on SKLUSDT! We've observed its trajectory as it faces rejection from the supply zone, hinting at a heightened likelihood of a bullish surge post a retest of the demand zone. 💎 Historically, SKLUSDT has been adhering to a descending trendline. However, it managed to break free, charting an upward course. Currently, after facing rejection at the .2770 supply level, the odds are leaning towards a bullish resurgence upon retesting the .2373 demand zone. 💎 However, if the asset struggles to maintain this momentum, it might seek bullish support from the robust .1952 support level. A breach below this level could signal a potential downward shift. Stay alert and strategize accordingly!
Long
by MyCryptoParadise
1
Don't miss this SKL opportunity!SKL is pulling back to the resistance area after the downward CH and the clearing of 2 support areas and the formation of the liquidity pool at the bottom. This area is full of sell orders and sellers in this area will push the price down. Look for triggers and confirmations in this area and enter sell/short positions at your own discretion. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Short
by behdark
2